1/ Is American capitalism broken, as populists and progressives insist? Or is the American Dream alive and well? Here are a few
data nuggets gleaned from this powerful analysis by @AEI colleague and economist @MichaelRStrain.https://www.wsj.com/articles/the-american-dream-is-alive-and-well-11580486386 …
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I think this narrative omits a rather vital set of stats: Housing, health, and transportation costs have grown significantly as a share of income, wiping out all the gains in many cases. So, wages might be higher but a lot of the earners aren’t actually getting the benefits.
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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I am 33, make 35k a year, and can’t afford to see a cardiologist for the heart defect I’ve had since birth
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Yes, he references people in their 40s but I thought it was people in their 30s —the millennials—who were behind compared to previous cohorts
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